Results 1,341-1,360 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Susan O'Keeffe: On page 8, Mr. Buti says that the Commission's stability programme updates did not review developments in the banking sector between 2001 and 2007. I appreciate that situation may have changed now. However, the public would scratch their heads and wonder how could any economic commentary or assessment of a country, in that format, possibly exclude its banks. How could that have been?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Susan O'Keeffe: Mr. Buti's organisation did not know that then.
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Susan O'Keeffe: I have just two further questions. Given that Mr. Buti knew at the time there was no sanction for the recommendation and no follow-up, given that he described the model he was able to use as being flawed and given that there were plenty of difficulties, such as the incomplete toolbox, can he understand why people might say it was the best of free-market thinking, with light-touch...
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Susan O'Keeffe: Mr. Buti has done so.
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Susan O'Keeffe: I am asking Mr. Buti whether that would be described as free-market thinking. In addition, was he surprised at the response by the Irish Government? Was he actually surprised because he said it was a serious decision in 2001? Was he surprised by the level of push-back from the Irish Government. It described the position as bizarre and said it had no intention of changing its plans?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Susan O'Keeffe: Professor Honohan, in his report, summarises by saying, "It is clear that a major failure in terms of bank regulation and the maintenance of financial stability failure occurred." As a member of that team, you obviously agreed with the findings of this report. What would you say about the fact that no one resigned, nor was anyone asked to resign, given the strength of that statement?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Susan O'Keeffe: Dr. Donovan said in his own statement that the cautious stance by the IMF may have been due to several factors, including "difficulties in challenging definitively the Irish authorities". What do you mean by that?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Susan O'Keeffe: You say very clearly that analysis of the financial sector always featured in the IMF reports, unlike the European Commission reports, which did not do that. Given what the IMF said about the financial sector - that it was in good nick, if you will excuse the expression - is it possible that the IMF was lied to by the banks?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Susan O'Keeffe: I said, "or not."
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Susan O'Keeffe: How did it arise-----
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Susan O'Keeffe: How did it arise that the IMF, which always did this work - as Dr. Donovan said, analysis of the financial sector always featured in IMF reports - gave us an opinion about Ireland that clearly was not the case? Professor John FitzGerald, when he was here last week, said that while the ESRI also did not look at the financial services sector - he used the words "in or about" - it would...
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Susan O'Keeffe: Indeed. Why did this not happen?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Susan O'Keeffe: Is there-----
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Susan O'Keeffe: I cannot possibly be out of time.
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Use of Irish Airspace and Landing Facilities: (Resumed) Minister for Transport, Tourism and Sport (18 Feb 2015)
Susan O'Keeffe: Does the Minister have sympathy at all with the petition? This is the petitions committee. Consider the conflict between the transportation of people to a theatre of war – that is the expression that has often been used – and our neutrality. Does the Minister not have some understanding – “understanding” is the wrong word because it would be an insult...
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Use of Irish Airspace and Landing Facilities: (Resumed) Minister for Transport, Tourism and Sport (18 Feb 2015)
Susan O'Keeffe: The petitioners have suggested – I use the word “suggested” deliberately – that the European Parliament, Council of Europe and Amnesty International are among the bodies that have published reports that indicate rendition planes have landed at Shannon Airport. I completely understand the separation of responsibilities between the Department of Foreign Affairs and...
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Use of Irish Airspace and Landing Facilities: (Resumed) Minister for Transport, Tourism and Sport (18 Feb 2015)
Susan O'Keeffe: Let us dwell on the idea of assurance for a moment. Is it part of the understanding between sovereign states that assurance is as far as it goes, and that it does not merit being followed by investigation? If another state were to seek assurance from Ireland over a certain matter and we gave it, would that be it? Citizens find the manner in which these diplomatic relations arise difficult...
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Use of Irish Airspace and Landing Facilities: (Resumed) Minister for Transport, Tourism and Sport (18 Feb 2015)
Susan O'Keeffe: The argument made by the petitioners is that the burden on them to establish such proof would be quite enormous. Therefore, their argument centres on why we do not police the planes and search them on an ongoing basis. We do not do so because we accept the assurances given to us by the sovereign state that is the United States. Every time we debate this, it is asked why we do not search.
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Use of Irish Airspace and Landing Facilities: (Resumed) Minister for Transport, Tourism and Sport (18 Feb 2015)
Susan O'Keeffe: That is fair enough. Can I clarify a matter? The Minister said he would return to the matter of cargo planes. Are they currently classified as civilian as opposed to military?
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Use of Irish Airspace and Landing Facilities: (Resumed) Minister for Transport, Tourism and Sport (18 Feb 2015)
Susan O'Keeffe: Therefore, they are under the Minister’s remit.